J
JV
US
Review
Review of CIT
J
JV
US
Jan 24, 2024
TERRIBLE CUSTOMER SERVICE
Cit Bank has a good rate of return, BUT THEY ARE VERY HARD TO WORK WITH. I didn't think it would be a big deal that they do not have any actual branch locations, BUT, what I found is that funding my account has been a BIG pain. I planned on wiring funds, but my original bank charges $30 to wire money and there is a limit per wire. Therefore, in order to get the funds that I wanted to send, I would have to send multiple wires and do it over several days due to weekly limits. I tried Plan B... mobile deposit a check, and what I learned is that they have LOW LIMITS FOR MOBILE DEPOSITS, making it another difficult and drawn out process just to get the money into my account. Consider that you will have a PAINFUL AND LONG AND DRAWN OUT PROCESS JUST TRYING TO GET YOUR MONEY TO THEM to the point that the 1% higher interest rate gets negated with transfer fees and time spent. My time is too valuable to deal with them, so I will just keep my money in my other bank. :-(
Receipt photo:
Date of experiance: Jan 24, 2024